How to enter the Discount to the Cash Sales

To enter the Discount to the Cash Sales

You do not need a discount item for discounts that you give for early payment. QuickBooks will calculate these discounts for you when you receive payments from customers. If you are applying the discount to more than one item, you must first use a subtotal item and then apply the discount to the subtotal.

• First, from the Lists menu, choose the Item List in the menu.

• After that, from the Item Menu button and click New.

• In the Type field of the New Item window, choose Discount.

• And then you ought to enter an item name, such as "Discount."

• Then enter the description that you want QuickBooks to put on your sales forms when you apply the discount.

• Record the item.